The next package of EU sanctions against Russia will become effective on July 21, the Czech Permanent Representation in the EU Council tweeted on Wednesday.
"This package will be approved by the EU Council within the framework of the written procedure that will end tomorrow at 10:00 am. Sanctions will come into force tomorrow after the publication in the EU official journal," the Permanent Representation said.
According to European sources and mass media reports, the seventh package of sanctions comprises the ban on gold purchases from Russia in the form of semi-finished products and scrap. Certain categories will be added to the list of dual-use goods and technologies.
The black list of the EU will comprise 48 more Russian nationals and organizations. Sanctions also comprise clarifications on restrictions of financial operations of Russia and Russian companies. All the sanctions currently in effect against Russia will be extended for six months by this decision.
EU allocates additional 500 bln euro for weapons to Ukraine- Borrell
The EU has made the final decision on provision of the fifth transfer of 500 million euro for arms shipments to Ukraine, EU High Representative Josep Borrell announced Wednesday, TASS reports.
"Participated at Ministerial Ukraine Defence Contact Group meeting. EU Member States agreed to mobilize 5th tranche of military assistance of €500M to further support Ukraine‘s Armed Forces. EU remains focused & steadfast in its support for Ukraine, together with partners," Borrell tweeted.
This brings the EU’s total funding for military aid for Ukraine to 2.5 billion euro. This money is being used as compensation for EU member states that ship their weapons to Ukraine, regardless of whether it is old decommissioned vehicles or new modern orders.
